SCHEDULES

SCHEDULE 6U.K. Valuation: special cases

4(1)Where goods or services are supplied for a consideration in money and on terms allowing a discount for prompt payment, the consideration shall be taken for the purposes of section 19 as reduced by the discount, whether or not payment is made in accordance with those terms.U.K.

(2)This paragraph does not apply where the terms include any provision for payment by instalments.